Samsung Ultra Video SGH-F500 Mobile Phone Delivers Outstanding Mobile Multimedia Experience in Large Number of Retail Markets
BERLIN, Aug 31, 2007 (BUSINESS WIRE) — Samsung Electronics Co., Ltd. and DivX, Inc. (NASDAQ:DIVX) today announced the worldwide retail availability of the DivX® Certified Samsung Ultra Video (SGH-F500) mobile phone, an innovative handset device that features stylish design and offers a cutting-edge multimedia experience, including high-quality DivX video playback. Available for sale in Netherlands since June 2007, the Samsung F500 is entering additional markets including France, Germany, Poland, Russia, Ukraine, Kazakhstan, Singapore, Thailand, Australia, Malaysia, Philippines, Hong Kong, Vietnam, Indonesia, UAE, and Saudi Arabia.
The Samsung Ultra Video SGH-F500 offers consumers an optimal viewing experience, with a large 2.4 inch, swiveling LCD screen, and is the first mobile phone to attain DivX Certification. The phone enables consumers to easily playback high-quality DivX video from the PC or Internet, including files downloaded from the popular Stage6 online video community.
“Samsung clearly recognizes the value of DivX to provide a high-quality video experience for their users, and we’re pleased that consumers all over the world will now gain access to this device,” said Patrice Lagrange, Vice President and Group Business Manager, Media Languages, DivX, Inc. “We’re working to create a truly interoperable digital media experience for consumers that crosses the PC, the living room and the mobile environment, and Samsung is a great partner to help bring that solution to consumers.”
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure a high-quality DivX media experience, including reliable video creation and playback, interoperability with other DivX Certified devices and the visual quality users expect from DivX.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2006 parent company sales of US$63.4 billion and net income of US$8.5 billion. Employing approximately 138,000 people in over 124 offices in 56 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business and Digital Appliance Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
About DivX, Inc.
DivX creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 240 million times since January 2003, including over 80 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application, which is distributed from our website, www.divx.com. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature constitute “forward-looking statements.” Such statements include, but are not limited to, statements regarding DivX’s visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX’s actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, the risk that customer use of DivX technology may not grow as anticipated, the risk that anticipated market opportunities may not materialize at expected levels, or at all, the risk that the Company’s activities may not result in the growth of profitable revenue, risks and uncertainties related to the maintenance and strength of the DivX brand; DivX’s ability to penetrate existing and new markets; the effects of competition; DivX’s dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the “Risk Factors” section of DivX’s quarterly report on Form 10-Q filed with the SEC on August 14, 2007. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.